Plaza Trust, Series 1 Asset-Backed Commercial Paper Notes, Transaction 63
ABCPSummary
DBRS Limited (Morningstar DBRS) released an updated Transaction Summary report that provides details on Plaza Trust's Series 1 Asset-Backed Commercial Paper Notes, Transaction 63, which is secured by a portfolio of conventional residential mortgages originated by a large mortgage finance company operating in Canada (the Seller). The update reflects certain amendments that have been made to the program documents, including a change to the level of credit enhancement required.